A partnership rm that maintains its current account at the branch has led its particulars of capital and of pro t for the year. One partner began a business with a capital of ₹36,000 and a second par…

Question

A partnership rm that maintains its current account at the branch has led its particulars of capital and of pro t for the year. One partner began a business with a capital of ₹36,000 and a second partner joined him at the same time with a capital of ₹48,000. At the end of four months the rst partner added a further ₹12,000 to his capital. If the pro t at the end of the year was ₹46,000, what was the share of the second partner in it?

PYQPulse · Accepted Answer

₹24,000

Answer: D. ₹24,000